Cheap Apartments for Rent in Richfield, MN
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Studio-2 Beds
1-2 BathsThe Chamberlain Apartments | Richfield Pkwy,
Minneapolis, MN 55423
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Average Rent Trends in Richfield, MN
Rent in Richfield, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jul 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,595 |
| Sep 2025 | $1,315 |
| Oct 2025 | $1,643 |
| Nov 2025 | $1,356 |
| Dec 2025 | $1,336 |
| Jan 2026 | $1,327 |
| Feb 2026 | $1,362 |
| Mar 2026 | $1,350 |
| Apr 2026 | $1,555 |
| May 2026 | $1,355 |
| Jun 2026 | $1,445 |
| Jul 2026 | $1,306 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,132 | $1,475 | $2,395 | $2,950 | $1,327 |
| Townhomes | — | $1,728 | — | — | $1,795 |
| Apartments and Condos | $1,200 | $1,260 | $2,330 | $3,800 | $1,395 |
| Houses | — | $2,295 | $2,525 | $2,950 | $2,800 |
Frequently Asked Questions about Rentals in Richfield, MN
- What is the average rent of an apartment in Richfield, MN?The average rent of an apartment in Richfield, MN is $1,500 per month. This is about 23% lower than the national average.
- When is the average rent cheapest in Richfield, MN?In the last year, the average rent in Richfield, MN was lowest in Mar 2025 when it was $1,266 per month.
- When is the average rent most expensive in Richfield, MN?In the last year, the average rent in Richfield, MN was highest in Oct 2025 when it was $1,643 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Richfield, MN?The average rent of a 1 bedroom apartment in Richfield, MN is $1,132 per month. That is about $173 less than the cost of a studio apartment.
- How many available rental listings are in Richfield, MN?There are 75 available rental listings in Richfield, MN.
- What are some zip codes in Richfield, MN?Richfield, MN includes zip codes such as: 55423.
- What are some cities near Richfield, MN?Some nearby cities include: Bloomington, Edina, Mendota, Minneapolis, Saint Louis Park. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Richfield, MN - 275 Rentas | Trulia